CIP Successfully Concludes Sale of Ramada by Wyndham Butte
CIP Successfully Concludes Sale of Ramada by Wyndham Butte
Representing the Buyer and Seller of this Franchise Hotel in Historic Butte, Montana
[Butte, Montana – January 7, 2025] Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Ramada by Wyndham Butte in Butte, Montana. CIP, a licensed Montana brokerage, represented the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
The Ramada by Wyndham Butte, a 129-key, full-service hotel, has been successfully sold, marking a notable transaction in Montana's hospitality market. Strategically located off I-15 and I-90, the property offers seamless access to Bert Mooney Airport (BTM), Montana Technical University, and key local attractions, including the World Museum of Mining and Our Lady of The Rockies.
The property features 10,000 sq. ft. of flexible event space across six venues, accommodating up to 500 conference guests or 360 banquet attendees. Guests benefit from amenities such as a heated indoor pool, fitness center, on-site bar and casino, and complimentary WiFi and parking.
This acquisition underscores the property's strong market potential and its strategic location as a key driver for future growth. The new ownership plans a comprehensive rebranding and significant property upgrades to further enhance the hotel's value and appeal.
Michelle Kennedy, Principal/Designated Broker, said, “While the property was never formally listed, our long-standing relationships and deep expertise in the hospitality industry allowed us to introduce a highly qualified and truly ideal Buyer, ensuring a seamless and efficient process for all involved. It’s a strong start to the year, and we look forward to continuing to deliver value to our clients in the months ahead.”
About Crystal Investment Property, LLC
Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain its position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners, and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, and limited-service hotels, as well as development projects and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.
About Hotel Brokers International
Hotel Brokers International, founded in 1959, is the hotel real estate industry’s oldest and most established network of hospitality broker professionals. HBI’s Brokers lead the industry in hotel real estate sales and have successfully negotiated more than 11,000 hotel real estate transactions. The organization's website hosts a vast inventory of hotels for sale, attracting visitors from all corners of the world. HBI is also the founder and administrator of the Certified Hotel Broker Program, which is the real estate industry's only professional designation program for hotel brokers. The CHB designation recognizes those brokers who have cultivated the skills and expertise necessary to excel in their field. Apart from hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI's hotel listings or to become a broker or affiliate member, please visit hbihotels.com.
Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Vancouver, Washington
503.530.1316
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
